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Finance Minister: The Government Is Adopting A Set Of Programs And Plans To Stimulate The Economic Situation


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Today, Sunday, Finance Minister Ali Abdel Amir Allawi Confirmed That The Government Is Adopting A Set Of Programs And Plans To Stimulate The Economic Situation.

The Ministry Said In A Statement Received By Al-Ahed News That "Minister Ali Abdul-Amir Allawi Received Today The South Korean Ambassador To Baghdad, Jang Kyung-Wook, And His Accompanying Delegation," Noting That "During The Meeting, Aspects Of Joint Cooperation Between The Two Countries Were Reviewed, And The Strengthening Of The Aspect Of Cooperation Between The Two Countries Was Emphasized, Partnership In The Economic And Commercial Fields And Opening New Horizons For Partnership Between The Two Friendly Peoples.

He Added, "The Minister Reviewed The Fundamental Reforms Achieved By The Ministry Of Finance And Raising The Indicators Of Commercial Activity In Light Of The Current Economic Challenges And The Corona Pandemic Crisis."

Allawi Stressed, According To The Statement, That "The Iraqi Government Is Adopting A Set Of Programs And Plans That Have An Impact On Stimulating The Economic Situation And Enhancing Development Opportunities."

For His Part, The Korean Ambassador Praised The “Rising Performance Of The Iraqi Economy,” Expressing “The Country’s Government’s Tendency To Raise Levels Of Cooperation With Iraq, And The Desire Of Sober Korean Companies To Expand Their Activities And Partnership With Iraq In Various Fields, Especially Those Related To Investment And Infrastructure Aspects.”

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Finance Minister: The government adopts a set of programs and plans to stimulate the economy
  
{Economic: Al Furat News} Finance Minister Ali Abdul Amir Allawi said on Sunday that the Iraqi government is adopting a set of programs and plans that have an impact on stimulating the economic situation and enhancing development opportunities.

His office said in a statement that {Euphrates News} received a copy of it, that "the Minister of Finance received the South Korean Ambassador to Baghdad Jang Kyung-wook and his accompanying delegation, and during the meeting, aspects of joint cooperation between the two countries were reviewed, and the emphasis was placed on strengthening the partnership aspect in the economic and commercial fields and opening up prospects for A new partnership between the two friendly peoples. 

He added, "Allawi reviewed the fundamental reforms achieved by the Ministry of Finance and raising the indicators of commercial activity in light of the current economic challenges and the Corona pandemic crisis." 

For his part, the Korean ambassador praised the rising performance of the Iraqi economy, expressing the country's government's tendency to raise levels of cooperation with Iraq, and the desire of sober Korean companies to expand their activities and partnership with Iraq in various fields, especially those related to investment and infrastructure aspects.

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17 hours ago, Laid Back said:

If they really want to stimulate the economy, they will have to:

- increase consumer spending …. Through purchasing power

- increase business investment …. Developing private sector

- infrastructure spending …. Rebuilding the country, creating jobs 

- Tax cuts …. To put more money back into the pockets of consumers. 

 

Looks like 2022 could be the year of purchasing power.

 

Go Iraq 🇮🇶 

Go reform project

Go development 

Go economic growth 

 

 

yes have to change rate and increase purchasing power.

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